Question

anil deposited in bank rupees 7000 in a bank to receive interest of rupees 1050 what is sum of money should anil deposit in bank to receive on interest of rupees 1395 the rate of time of depositing the sum?​

Answer 1

Answer:

GIVEN :-

• Anil deposited = ₹7000

• he got intrest of = ₹1050

SOLUTION :-

we have,

• I= simple interest = ₹1050

• P = Amount deposited =₹7000

• R= rate of interest

• T=time period

intrest = principal × rate × time

Given that I = 1395 and we have RT = 0.15

Then using above formula,

1395 = P×0.15

P =

P = 9300

∴ Anil receives an interest of ₹1395 for the deposited amount ₹9300.

All done ✧˖*°࿐

Step-by-step explanation:

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